Producer prices in Latvia rose 1.8% year-on-year in May 2026, accelerating from a revised 0.7% increase in the previous month and reaching the highest level since January. Price growth strengthened in manufacturing (1.1% vs 0.7% in April), driven by chemicals and chemical products (6% vs 3.5%), basic metals (6% vs 5.6%), and other non-metallic mineral products (6.1% vs 4.1%). At the same time, costs rebounded in electricity, gas, steam and air conditioning supply (1.7% vs -2.7%), while costs continued to rise for water supply, sewerage, waste management, and remediation activities (7.9% vs 7.5%). Meanwhile inflation in mining and quarrying eased (12.2% vs 15.5%). On a monthly basis, producer prices edged up 0.9% in May from a 0.5% increase in April and marking the strongest gain since January. source: Central Statistical Bureau of Latvia

Producer Prices in Latvia increased 1.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Latvia averaged 4.70 percent from 2001 until 2026, reaching an all time high of 37.70 percent in August of 2022 and a record low of -11.40 percent in December of 2023. This page provides - Latvia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Producer Prices in Latvia increased 1.80 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Latvia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Producer Prices Change is projected to trend around 2.60 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-25 10:00 AM
PPI YoY
Apr 0.9% -0.1% 2.6%
2026-06-19 10:00 AM
PPI YoY
May 1.8% 0.7% 1.5%
2026-07-21 10:00 AM
PPI YoY
Jun 1.8% 1.5%



Components Last Previous Unit Reference
Inflation Rate YoY 3.50 2.90 percent May 2026

Related Last Previous Unit Reference
CPI 103.80 103.30 points May 2026
CPI Housing Utilities 105.10 103.80 points May 2026
CPI Transportation 109.10 109.90 points May 2026
Export Prices 114.40 113.40 points Apr 2026
Food Inflation -0.80 -0.30 percent May 2026
GDP Deflator 136.02 135.71 points Mar 2026
Import Prices 114.10 108.50 points Apr 2026
Inflation Rate MoM 0.50 0.60 percent May 2026
Producer Prices 129.90 128.70 points May 2026
PPI YoY 1.80 0.70 percent May 2026


Latvia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 0.70 37.70 -11.40 2001 - 2026 percent Monthly
2021=100, NSA

News Stream
Latvia Producer Prices at 4-Month High
Producer prices in Latvia rose 1.8% year-on-year in May 2026, accelerating from a revised 0.7% increase in the previous month and reaching the highest level since January. Price growth strengthened in manufacturing (1.1% vs 0.7% in April), driven by chemicals and chemical products (6% vs 3.5%), basic metals (6% vs 5.6%), and other non-metallic mineral products (6.1% vs 4.1%). At the same time, costs rebounded in electricity, gas, steam and air conditioning supply (1.7% vs -2.7%), while costs continued to rise for water supply, sewerage, waste management, and remediation activities (7.9% vs 7.5%). Meanwhile inflation in mining and quarrying eased (12.2% vs 15.5%). On a monthly basis, producer prices edged up 0.9% in May from a 0.5% increase in April and marking the strongest gain since January.
2026-06-19
Latvia Producer Prices Rise in April
Producer prices in Latvia rose 0.9% year-on-year in April 2026, recovering from a downwardly revised 0.1% decline in the previous month. Costs increased in manufacturing (0.7% vs. 0.2% in March), particularly in textiles (5.3% vs. 4.8%), wood products (2% vs. 0.1%), printing and reproduction of recorded media (3.4% vs. 0.6%), and furniture (1.8% vs. 1.2%). Costs also rose in water supply, sewerage, waste management, and remediation activities (7.5% vs. 6.4%). At the same time, deflation eased in electricity, gas, steam, and air conditioning supply (-1.9% vs. -5.2%). Meanwhile, cost growth slowed in mining and quarrying (15.5% vs. 16.2%). On a monthly basis, producer prices rebounded by 0.6% in April after a downwardly revised 2% decline in the previous period.
2026-05-25
Latvia Producer Prices Rise in March
Producer prices in Latvia rose by 0.8% year-on-year in March 2026, rebounding from a 0.8% drop in the previous month. Costs increased for water supply, sewerage, waste management, and remediation activities (6.4% vs 6.3% in February). At the same time, deflation eased sharply for electricity, gas, steam, and air-conditioning supply (-0.5% vs -8.8%). In contrast, prices decreased for manufacturing (0.2% vs 0.4%), weighed down by slower growth in the manufacture of wearing apparel (1.1% vs 1.5%), wood and wood products (0.1% vs 1.5%), printing and reproduction of recorded media (0.6% vs 5.2%), electrical equipment (0.3% vs 0.5%), and furniture (1.2% vs 1.5%), while costs also decreased for mining and quarrying (16.2% vs 17.6%). On a monthly basis, producer prices declined by 1.2% in March, reversing a 0.4% gain in the preceding period.
2026-04-23